By Sarah Sibley, Local Journalism Initiative Reporter

The owner of Hay River’s Mackenzie Place highrise is trying to sell the building to any interested party before it is sold in a tax arrears auction next month.

The building has been empty since a fire in March 2019 left it uninhabitable and displaced about 100 residents

As of June, the Town of Hay River said owner Harry Satdeo owed the municipality approximately $170,000. Unless that debt is cleared, the highrise is set to be sold at a public tax auction on August 12. 

The property was listed by the town for $1.45 million at a previous auction but removed at the last minute.

Satdeo this week told Cabin Radio he is looking for a group to “take the debt and take the highrise” before August’s auction comes to pass.

He said the total debt on the building currently sits at about $1.6 million.

“I’m 71 years old, I don’t live in Hay River most of the time, and I’d like to retire,” he said.

This item is reprinted with permission from Cabin Radio. For the complete article, click HERE

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